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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.
Group Insurance Commission 1108-5100

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY23 Current $4,738,587 $4,738,587
FY22 $4,574,955 $4,385,240
FY21 $4,895,576 $4,385,239
FY20 $4,915,428 $4,304,492
FY19 $4,843,949 $4,175,898
FY18 $4,918,884 $4,154,372
FY17 $5,205,223 $4,299,819
FY16 $5,558,291 $4,507,614
FY15 $5,307,362 $4,275,709
FY14 $5,078,394 $4,062,182
FY13 $2,808,648 $2,212,203
FY12 $3,307,203 $2,561,709
FY11 $3,249,735 $2,445,379
FY10 $3,493,212 $2,577,461
FY09 $4,175,228 $3,050,659
FY08 $4,867,980 $3,507,699
FY07 $4,416,048 $3,068,229
FY06 $3,384,523 $2,291,969
FY05 $3,040,911 $1,984,318
FY04 $3,132,276 $1,984,318
FY03 $3,201,368 $1,984,318
FY02 $3,664,845 $2,222,632
FY01 $4,054,966 $2,416,441

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Group Insurance Commission
2.7%

comparisons adjusted for inflation (CPI)

Notes

  • Use caution comparing funding for this line item FY09-FY10. In FY10, funding for information technology was taken out of this line item and shifted to a centralized information technology account. The exact amount of this accounting change is not available.
Adjusted for inflation (CPI) NOT adjusted
FY23 GAA $4,738,587 $4,738,587
FY23 Leg $4,738,587 $4,738,587
FY23 Sen $4,738,587 $4,738,587
FY23 SWM $4,738,587 $4,738,587
FY23 Hou $4,738,587 $4,738,587
FY23 HWM $4,738,587 $4,738,587
FY23 Gov $4,738,587 $4,738,587
FY22 $4,574,955 $4,385,240
FY22 GAA $4,574,955 $4,385,240

Notes

  • Use caution comparing funding for this line item FY09-FY10. In FY10, funding for information technology was taken out of this line item and shifted to a centralized information technology account. The exact amount of this accounting change is not available.

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